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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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1 min read

GAIL net profit jumps 56% in Q2

State-owned gas utility GAIL (India) Ltd on Tuesday reported a 56 per cent jump in its September qu…

PTI   


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2 mins read

GAIL's Q1 profit dives 51.5%; board approves Rs 11,256 cr revised cost for Usar petchem plant

Margin decline led to the firm booking a pre-tax loss of Rs 301 crore in the petrochemical busi…

PTI   


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3 mins read

GAIL's net profit slumps 77 pc due to Russia-Ukraine war: CMD

The standalone net profit plunged 77.5 per cent year-on-year to Rs 603 crore in the fourth quarter …

ANI   


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5 mins read

State-owned oil stocks have more juice left in the barrel

Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…

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2 mins read

GAIL takes the 'Reliance route' with its US ethane plans

Gail India Ltd., India's largest gas firm, is planning to import ethane from the US to replace natu…

PTI   


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GAIL reports a six-fold jump in net profit in the first quarter on higher margins

The increase in the profits is mainly attributable to better physical performance in natural…

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1 min read

Natural gas price increase negative for GAIL, IGL, marginal beneficiary is RIL: Jefferies

In a report, Jefferies said the CNG players have limited room to increase the prices given worse…

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2 mins read

GAIL reports 16.5% growth in its net profit to ₹1,239 crore for the second quarter

The net profit, however, recovered by a wider margin compared to the previous quarter (Q1 of FY2…

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4 mins read

Power, banking and IT stocks see sharp sell-off on FII pull out and as investors carve out money for LIC IPO

In the last few months, the US central bank has been looking to stop measures for economic stimu…

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3 mins read

Nifty50 market cap crosses ₹100 lakh crore — these are the top movers today

The Indian equity benchmark indexes rose for an eighth straight session on Wednesday, hitting recor…

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3 mins read

Top stocks to watch — Pfizer, HDFC, TCS, HFCL, Inox Leisure, M&M, GAIL India, Oil India and others

Despite positive cues from the western markets, the Indian equities may open on a cautious note on …

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1 min read

GAIL Q3 net dips 25 pc as marketing margins drop

Revenues from natural gas marketing fell 9.5 per cent to Rs 14,662.67 crore and segment profits dro…

PTI   


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4 mins read

Oil Min moves Cabinet note for splitting GAIL; pipeline business may be sold later

New Delhi, Feb 4 () The Oil Ministry has moved a cabinet note seeking approval for hiving off state…

PTI   


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1 min read

The nation's largest transporter of gas is in a fix. Know why

Shares of GAIL India, the nation's largest transporter of gas, fell more than 2 in early deals afte…

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2 mins read

Stocks unlikely to be impacted by windfall tax removal

Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …

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3 mins read

RVNL is now a Navratna company – what does it mean?

Rail Vikas Nigam Limited (RVNL) has been conferred with Navratna status by the Ministry of Finance …

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3 mins read

Sensex, Nifty50 to open on a tepid note amid mixed global cues: Adani Enterprises, Vedanta, L&T, Tech Mahindra among stocks in focus

Asian stocks were mixed on Monday as investors awaited the US Fed’s decision on interest rates and …

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4 mins read

Sensex, Nifty50 surge in morning trade led by banking and metal stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…

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3 mins read

Indian markets trend lower as global cues weigh on sentiments

Indian benchmark indices on Friday were trading lower tracking global markets, which remained under…